free printable template for rental income and expenses

Form 2 - Residential rental agreement for a fixed term of more than 5 years (Word, 632KB).The renter will not have to pay a penalty. If not, the renter can end the agreement at any time by giving the rental provider 28 days’ notice. Renters who leave early may have to pay one month’s rent for every full year remaining on the agreement up to a maximum of 6 months. If those changes are written into the agreement, the renter does not need to get any other permission from the rental provider before making them. A rental provider and renter can agree on some changes before signing a long-term agreement. Renters installing fixtures and altering the property.Rental providers can ask for additional bond after the renter has been living in the property for 5 years and there is a long-term agreement for another 5 or more years. There are some different laws for long-term agreements. It also lets people agree before they sign the agreement about things like how rent increases will be calculated and making changes to the property. People might choose a long-term agreement because it offers more security and stability. Long fixed-term agreements are for more than 5 years. If a short fixed-term agreement ends, and you stay in the rented premises without signing a further agreement, it will automatically turn into a periodic (month to month) agreement. Form 1 - Residential rental agreement (Word, 1.5MB).Short-term agreements can be written or verbal, but we recommended using written agreements. They might be for 6 or 12 months, but they can be up to 5 years. Most fixed-term agreements are short-term. There are 3 types of residential rental agreements: Different types of residential rental agreements (leases) There is no cooling-off period for a rental agreement, so you should make sure you understand it and accept the conditions before you sign one. You must not include terms which take away any of the rights and responsibilities provided for by the law. You can include extra terms and conditions that are not in the form, as long as they are not prohibited by the law. A prescribed form is defined by Victorian rental law. You must use the ‘prescribed form’ when entering into a written rental agreement.

Read more about renters’ rights when signing a rental agreement.

the amount of rent and how it is to be paid.

What should be in a rental agreement (lease) Other pages have information about renewing agreements, notices to vacate, and renters giving notice.

Conditions that cannot be in an agreement.

Different types of residential rental agreements.

There are different agreements for rooming houses, caravan parks, and site tenants in residential parks and villages. There are 3 types of rental agreements for residential properties such as houses, units and apartments.

It is a contract between the renter (tenant) and rental provider (landlord). A rental agreement used to be called a lease or a residential tenancy agreement.

Free printable template for rental income and expenses